10 September 2012 – interim results
In the six months to 30 June, the group has revealed that net fee income has increased by 3% to £15.6m (2011: £15.1m) whilst pre-tax profit rose to £1.9m (2011: £1.8m). Earnings per share increased to 6.13p (2011: 6.01p) and the interim dividend was increased by 7% to 1.5p (2011: 1.4p). Although trading conditions remain difficult, a strong performance from the international operations and the Technical and Scientific practices have enabled the group to make further progress. The second half has started in line with expectations and we continue to rate the shares as a BUY.